National Consumer Credit Protection Act 2009

SCHEDULE 1 - NATIONAL CREDIT CODE  

Note:

See section 3 of the National Credit Act.

PART 11 - CONSUMER LEASES  

Division 9 - Linked lessors and tied consumer leases  

Subdivision A - Interpretation and application  

179S   Linked lessors and tied consumer leases  

179S(1)    
For the purposes of this Code, a linked lessor of a supplier means a lessor:

(a) with whom the supplier has a contract, arrangement or understanding relating to:

(i) the supply to the supplier of goods in which the supplier deals; or

(ii) the business carried on by the supplier of supplying goods; or

(iii) the provision to persons of a consumer lease for the hire of goods supplied by the supplier to the lessor; or

(b) to whom the supplier, by arrangement with the lessor, regularly refers persons for the purpose of being provided with a consumer lease; or

(c) whose forms of contract or forms of application or offers for a consumer lease are, by arrangement with the lessor, made available to persons by the supplier; or

(d) with whom the supplier has a contract, arrangement or understanding under which applications for a consumer lease or offers to be provided with a consumer lease from the lessor may be signed by persons at the premises of the supplier.

179S(2)    
A tied consumer lease is a consumer lease entered into between a lessor and a lessee where:

(a) the lessee enters into the lease to hire goods supplied by the supplier to the lessor; and

(b) at the time the lease is entered into the lessor is a linked lessor of the supplier.